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Virginia State University Real Estate Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010681650 ✦ Petersburg, VA ✦ Designated as a 501(c)(3)

Overview

What is Virginia State University Real Estate Foundation?

Virginia State University Real Estate Foundation is a nonprofit organization situated in Petersburg, Virginia, with an address at 4010 J Mitchell Drive, 23803. Its primary mission is to support Virginia State University by managing the university apartments at Ettrick, a 504-bedroom facility, aligning with the institution's strategy to offer diverse housing options for students. To achieve its objectives, VSUREF acquires, develops, receives, maintains, and manages real estate assets to advance the goals and purposes of Virginia State University.


Is Virginia State University Real Estate Foundation legitimate?

Virginia State University Real Estate Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia State University Real Estate Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Virginia State University Real Estate Foundation?
Who is the CEO of Virginia State University Real Estate Foundation?
What is the revenue of Virginia State University Real Estate Foundation?
Who are the executives of Virginia State University Real Estate Foundation and what are their salaries?
Where can I find the form 990 for Virginia State University Real Estate Foundation?

Mission Statement of Virginia State University Real Estate Foundation

Virginia State University Real Estate Foundation, abbreviated as VSUREF, is organized and operated with a mission to acquire, develop, receive, maintain, and manage real estate assets that align with the aims and purposes of Virginia State University. This nonprofit entity focuses on managing the University Apartments at Ettrick, a 504-bedroom facility, specifically for Virginia State University students. By doing so, VSUREF supports the university's mission and adheres to its strategy of offering a variety of housing alternatives for students.

Impact

This information is meant to be a general summary of Virginia State University Real Estate Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

The Virginia State University Real Estate Foundation plays a crucial role in supporting Virginia State University's mission by managing the University Apartments at Ettrick, a 504-bedroom facility for students. This initiative aligns with the university's strategy to offer a variety of housing alternatives for its students, enhancing their overall campus experience. By acquiring, developing, maintaining, and managing real estate assets, VSUREF directly contributes to advancing the aims and purposes of Virginia State University in the realm of education.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $11,948
  • Program Service Revenue: $4,262,655
  • Gross Receipts: $4,284,270

    • Assets and Liabilities:
  • Total Assets: $9,306,796
  • Total Liabilities: $11,175,339
  • Net Assets: -$1,868,543
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    STUDENT HOUSING

    Revenue

    $4,262,655

    Organization Details

    Founding Year

    2002

    Principal Officer

    Joyce E Henderson

    Main Address

    4010 J MITCHELL DRIVE, PETERSBURG, VA, 23803

    NTEE Category

    Code: B114 - Education

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